Big news! CZ, who was just released, may be imprisoned again? BTC breaks through 65,000! Where will it go next? Is the alt season coming? Dog-like meme coins and BRC20 all jump!

CZ, the founder of Binance. Recently, there was news that this giant, who had just ended his four-month imprisonment, might face legal sanctions again and step into the prison gate again. This news quickly caused an uproar inside and outside the cryptocurrency circle.
CZ ended his four-month incarceration in a low-security federal prison in California on September 29, 2024. This experience undoubtedly had a profound impact on him and Binance. However, just as he was trying to regroup and replan his career, new legal challenges seemed to be quietly approaching.
According to people familiar with the matter, CZ may face imprisonment again due to new charges. Although the specific charges and details have not yet been made public, the news is enough to shake the entire cryptocurrency market. As the soul of Binance, CZ's every move affects the market. If he is imprisoned again, it will undoubtedly bring greater uncertainty to Binance and may also have a chain reaction on the entire cryptocurrency market.
Bitcoin breaks through $65,000
Bitcoin successfully broke through the $6,5000 mark at around 23:00 last night (26), reaching a high of $65,831 at midnight, successfully setting the highest price since August 2.
Currently, the buying has weakened. It fell below $65,000 in the early morning and then pulled back. It was temporarily reported at $65,826 before writing.
Currently, the price trend of Bitcoin has approached the downward trend line that has not been broken in half a year. It is expected that US$66,500~67,000 will be a pressure, but at the same time, the trading volume of Bitcoin has not continued to increase. It is expected that it may consolidate at this price level for a period of time.
Whether there will be a false breakout of the falling trend line followed by a retracement, or a strong breakthrough with a large positive line, remains to be seen.
There is more good news: Bitcoin and A-shares no longer follow the US stock market!
Stimulated by the central bank's three-pronged policy of lowering interest rates, lowering reserve requirements and lowering housing loans, the A-share market successfully reached 3,000 points yesterday. In just two days, the market went from 2,700 to 3,000. It is not an exaggeration to say that it has taken off like a rocket. When I posted yesterday, the technical indicators of the Bitcoin were all bearish and shaky. Who knew that after I posted, Bitcoin followed the A-share market and rose all the way, rising for a whole day.
This slap in the face came as fast as a tornado, leaving the technical analysts scratching their feet in embarrassment.
When the U.S. stock market opened in the evening, Chinese stocks continued to rise after the A-share market during the day, but the U.S. stock market fell unexpectedly. However, the bitcoin price did not follow the U.S. stock market, but continued to rise. A large positive line broke through the pressure level of 65,000, hit 66,000, and closed down and fell back. It is currently consolidating around 65,000.
As Bitcoin broke through $65,000, the cryptocurrency market was booming, and altcoins such as memecoins generally showed a recovery.
MooDeng leads the rise, animal meme coins soar
In the meme coin track, the animals that are more familiar to the cryptocurrency community are dogs, cats, frogs, etc., and the pygmy hippopotamus baby "Bouncing Pig" in Thailand has recently attracted the attention of the entire network. Its meme coin $MooDeng has risen again by 77.7% in the past 24 hours to $0.1762, which is more than 52 times higher than the high point of the day reported by the dynamic zone. The meme coin track seems to be more lively, and the top few currencies in terms of market value have achieved outstanding performance:
DOGE: Up 9% in the past 24 hours, the price is now $0.118, and the market value is $17.22 billion
SHIB: Up 24.2% in the past 24 hours, the price is now $0.00001883, and the market value is $11.07 billion
PEPE: Up 14% in the past 24 hours, the price is now $0.059492, with a market value of $3.99 billion
The Bitcoin ecosystem should not be underestimatedBitcoin ecosystem-related assets also performed well. Ordinals NFT, BRC20 and Runes all rebounded strongly, especially PUPS, which soared by more than 64% in the past 24 hours. The price is now $7.45, with a market value of $57.88 million. Other tokens with outstanding performance include:
ORDI: Up 10.3% in the past 24 hours, the price is now $38.96, with a market value of $817 million
SATS: Up 14% in the past 24 hours, the price is now $0.063405, with a market value of $715 million
Rune DOG: Up 24.9% in the past 24 hours, the price is now $0.003848, with a market value of $385 million
Greed returns to the marketAltcoins generally recovered, indicating that market sentiment has improved and the panic period has temporarily come to an end. According to Coinglass data, the Fear and Greed Index of the crypto market has risen to 61, a two-month high and returned to the greed range. However, despite the improvement in sentiment, meme coins are still volatile, and investors should carefully assess the risks.
In addition, although the Federal Reserve cut interest rates by 2 basis points last week, opening a new round of easing cycle, the U.S. bond market's concerns about inflation have heated up again. The market is worried that the Federal Reserve will shift its focus from suppressing inflation to protecting employment, which may cause price pressure to rise again. Therefore, the risk of further interest rate hikes in the future cannot be ruled out, and the overall economic situation still needs to be closely monitored.